Utica accounting firms to merge

UTICA, N.Y. — Feldman & Company CPAs, LLP, a Utica–based accounting firm, plans to merge with D’Arcangelo & Co., LLP in a deal that will take effect July 1.

D’Arcangelo & Co., which is also headquartered in Utica, is an accounting, auditing, taxation, and consulting firm that has operated for 70 years.

The firms did not provide any financial terms of their merger agreement.

The combined company will have 18 partners, a group that will include Feldman partners Alfred Kupiec, Jr. and Ryan Siepiola. As of July 1, D’Arcangelo & Co. will have 80 employees, including four employees from the Feldman firm, Diane Fowler, practice manager for the D’Arcangelo firm, tells CNYBJ in an email.

Kupiec, Siepiola, and the entire Feldman staff will work from D’Arcangelo’s Utica office. The firm will continue conducting business as D’Arcangelo & Co., LLP with offices located in Utica, Rome, Oneida, and Syracuse.

“Our growth plan calls for mergers with firms just like Feldman & Company CPAs, LLP.,” Robert Ritz, managing partner of D’Arcangelo & Co., LLP, said in a statement. “This merger and our combined capabilities will allow D’Arcangelo & Co., LLP to better serve the needs of small and mid-size businesses in this market. More importantly, Feldman and its many talented professionals are a great cultural fit. They share both our drive to provide the best service in the industry and our vision of what we see as a very bright future.”